Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Taseko Mines ( (TSE:TKO) ) just unveiled an announcement.
Taseko Mines has announced significant progress on its Florence Copper project in Arizona, with a project completion rate of 56% as of December 2024. The company remains on track for its first copper production by the end of 2025, highlighting a smooth construction process without any injuries or environmental incidents. Despite not receiving the Department of Energy’s 48C(e) tax credit, Taseko maintains a strong financial position, emphasizing its strategic timing to meet the growing U.S. copper demand and positioning Florence Copper as a key domestic source.
More about Taseko Mines
Taseko Mines Limited is a mining company primarily involved in the extraction and production of copper. The company focuses on developing and operating mining projects, with a significant presence in the copper market.
YTD Price Performance: 2.00%
Average Trading Volume: 3,699,269
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $641.7M
Find detailed analytics on TKO stock on TipRanks’ Stock Analysis page.
